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Furthermore, staff will continue to be eligible for discretionary variable incentives, subject to the company’s and the individual’s performance.
Hong Kong Airlines has announced a salary increase of 3.8% on average for eligible staff, effective 1 February 2024.
All eligible employees, including flight crew and ground staff, will see a 3.8% rise in their basic pay; while technical staff, primarily engaged in maintenance and engineering roles, will receive an average increase of 5% in their basic salaries. The percentage of these increments is based on the results of the employee performance appraisals conducted in 2023.
Pilots will also receive up to a 5% increase in their hourly flying rate.
Furthermore, staff will continue to be eligible for discretionary variable incentives, subject to the company’s performance and the individual’s fulfilment of specified appraisal criteria, as was the case last year.
This move comes as the airline has experienced a commendable recovery in its operations during 2023, reinstating 25 destinations and achieving an 85% passenger load factor over the past year.
“Hong Kong Airlines' rapid business recovery, particularly in light of the numerous challenges faced, was no small achievement," stated Jeff Sun, Chairman of Hong Kong Airlines.
"I am proud of our staff for their exceptional resilience and adaptability, ensuring our passengers' safety and maintaining the company’s revenue as well as outstanding punctuality during the transition period last year. Looking ahead, we remain committed to our sustainable and strategic business development plan.”
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